GST Update on Notification Issued for GST Rate on Real Estate Sector w.e.f. 01.04.2019 Part-1

The much awaited notifications with respect to GST Council’s decision as regards prescribing new GST rates for real estate sector being 1% without ITC for affordable residential housing and 5% without ITC for non-affordable residential housing have been released by the Government yesterday. The Government has issued around 14 notifications [CGST (Rate) and IGST (Rate)] … Read more